404 Avenue K
About This Property
a spacious living room with high ceilings and a stone fireplace that seamlessly flows into the dining room and open
kitchen, complete with a breakfast bar, pantry, stainless steel appliances, granite countertops, and ample cabinetry for
storage. The primary bedroom is split from the secondary bedrooms for extra privacy, and boasts a full bath with a
soaking tub and walk-in shower, double vanity and walk-in closet. Neutral tones, dark trim, ceiling fans and decorative
lighting add to the elegance of this home. Enjoy entertaining or relaxing in the large backyard, complete with an
outdoor kitchen, covered patio, firepit, deck, and privacy fence. You won't want to leave home! The convenient location
offers easy access to schools, shopping, restaurants and I-35. Don't miss the opportunity to make this your next
home, book your personal tour today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Price Decreased |
$415,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jun 25, 2024 | Listed by Redfin Corporation | $420,000 | |
| Listed by Redfin Corporation | |||
| Jun 23, 2024 | No longer available | - | |
| No longer available | |||
| Mar 22, 2024 | Listed by Redfin Corporation | $420,000 | |
| Listed by Redfin Corporation | |||
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Have you been waiting for interest rates to go back in the 3%? Here is your opportunity to purchase your new home with an ASSUMABLE 3.25% INTEREST RATE!!! This lovely 1-story home nestled in the community of Jarrell could be yours! Featuring a spacious open floor plan with a spacious living room with high ceilings and a stone fireplace that seamlessly flows into the dining room and open kitchen, complete with a breakfast bar, pantry, stainless steel appliances, granite countertops, and ample cabinetry for storage. The primary bedroom is split from the secondary bedrooms for extra privacy, and boasts a full bath with a soaking tub and walk-in shower, double vanity and walk-in closet. Neutral tones, dark trim, ceiling fans and decorative lighting add to the elegance of this home. Enjoy entertaining or relaxing in the large backyard, complete with an outdoor kitchen, covered patio, firepit, deck, and privacy fence. The home is wired for generator use. You won’t want to leave home! The convenient location offers easy access to schools, shopping, restaurants and I-35. Don’t miss the opportunity to make this your next home, book your personal tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017